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Requirement 1. Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2018 and 2019 if total dividends
Requirement 1. Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2018 and 2019 if total dividends are $13,000 in 2018 and $48,000 in 2019 Compute the dividends for 2018, then for 2019. (Complete all answer boxes. Enter a "or any zero balances.) Data Table Class of Stock 2018 2019 Preferred 13,000 Sunrise Telecom, Inc Common Stockholders Equity 13,000 Total Paid-in capital: Preferred stock, 10%, $5 par, 100,000 shares authorized. S 140,000 28,000 shares issued and outstanding Common stock, $3.00 par, 500,000 shares authorized 350,000 shares issued and outstanding 1,050,000 560,000 S 1,750,000 190,000 S 1,940,000 Paid-in capital in excess of par-common Total paid-in capital Retained earnings Total stockholders' equity nter any number in the edit fields and then click Check Answer Print Done
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